Tools Overview

As soon as you open your TradeKing account, you will get instant access to our award-winning research and trading tools. Our tools are a big reason Barron's awarded us four stars (tops among web-based brokers) in their 2012 and 2013 surveys, and we're sure they'll impress you, too. Here's an overview of what you will get.

Research an option contract's Greeks and implied volatility. Forecast theoretical values and compare them to current bid/ask prices. And change variables to reflect your market forecast — all in an intuitive, easily understood format.

We make it incredibly easy to get a thorough understanding of your trade's profit and loss potential before you place it, and see how outcomes may change based on changes in volatility and time. This tool is another must-have for every investor.

Screen over 150,000 individual option contracts with our powerful Options Scanner and find the exact trades that meet your criteria. Simply choose from up to 25 criteria (such as cost, volatility, time to expiration, liquidity and risk) and this tool will deliver the matching option contracts. You can then place a trade right from the Scanner. Or better yet, the Strategy Scanner will find specific option strategies that meet your selected criteria and then place a trade for you - all in a matter of seconds.

Keep track of tax obligations across your accounts and understand potential tax ramifications before you decide to place your trades. This handy tool does it all with a few clicks of your mouse and is another must-have for any serious investor.

We offer a full suite of free technical analysis tools, powered by Recognia, featuring chart pattern recognition, price forecasting and full educational support. It's an absolute must-have for any serious investor.

TradeKing LIVE is our fully browser-based and streaming active-trader platform. LIVE streams quotes as prices move and delivers news as it hits the wire. Its intuitive design lets you trade the way you want from your computer, iPad or tablet PC, and virtually any mobile device.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

†$4.95 for online equity and option trades, add 65 cents per option contract. TradeKing charges an additional $0.35 per contract on certain index products where the exchange charges fees. See our FAQ for details. TradeKing adds $0.01 per share on the entire order for stocks priced less than $2.00. See our Commissions and Fees page for commissions on broker-assisted trades, low-priced stocks, option spreads, and other securities.

˜Customers should consider the differences in services and transfer fees before switching their brokerage accounts. TradeKing will credit your account transfer fees up to $150 charged by another brokerage firm when completing an account transfer for $2,500 or more. More conditions apply. Read all details about this offer.

All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. You alone are responsible for evaluating the merits and risks associated with the use of TradeKing's systems, services or products.

StockBrokers.com and NerdWallet maintain cross-marketing relationships with TradeKing Group, Inc. TradeKing Securities, LLC is not affiliated with, does not sponsor, is not sponsored by, does not endorse, and is not endorsed by the companies mentioned above or any of their affiliated companies.

Multiple-leg options strategies involve additional risks, and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies. Implied volatility represents the consensus of the marketplace as to the future level of stock price volatility or the probability of reaching a specific price point. The Greeks represent the consensus of the marketplace as to how the option will react to changes in certain variables associated with the pricing of an option contract. There is no guarantee that the forecasts of implied volatility or the Greeks will be correct.

Content, research, tools, and stock or option symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take in consideration commissions, margin interest and other costs, and are not guarantees of future results.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information and can be obtained by emailing [email protected].